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Woori Financial chief decides not to seek another term

Woori Financial Group Chairman Son Tae-seung has officially decided to wrap up his four-year term ending in March this year, and not to seek another term as group chief. “Today, I d like to say that I am also joining a generational shift movement that s been trending in the local financial industry,” Son said in an official statement released Wednesday. ....

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Woori to select chairman candidates Thursday

Woori Financial Group will convene a meeting, Thursday, to select a pool of candidates for its new chairman, the banking group said Tuesday. The meeting comes as incumbent Chairman and CEO Son Tae-seung s term ends in March. ....

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Supreme Court sides with Woori Chairman in DLF case

Woori Financial Group Chairman Son Tae-seung won a final victory in his legal battle to repeal a punitive measure imposed on him by local financial authorities, after the Supreme Court ruled in his favor. ....

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Woori chairman urges group-wide efforts to build competence for digital services

Woori Financial Group Chairman and CEO Son Tae-seung has urged the chiefs of the group s affiliates to “bring together all capabilities available” to materialize the group-wide vision of becoming a global leader in digital banking service, the company announced on Thursday. The banking group said Son urged them to do so during a committee of the group s digital innovation recently. ....

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Woori Financial chief to visit Europe next month to discuss ESG efforts

Woori Financial Group Chairman and CEO Son Tae-seung will visit Europe next month to discuss the group s efforts in environmental, social and corporate governance (ESG) practices on the global stage, according to the banking group, Monday. It said Son s planned trip comes upon the joint invitation of two U.N. bodies the U.N. Framework Convention (UNFCC) and UN Environment Programme Finance Initiative (UNEP FI) plus that of the International Union for Conservation of Nature and Natural Resources (IUCN), an observer to the U.N. General Assembly. ....

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